DePIN startup Starpower completes $2.5 million financing, led by Framework Ventures

Jan 10, 2025 08:10:18

DePIN startup Starpower announces the completion of a $2.5 million financing round, led by Framework Ventures, with participation from Solana Ventures and Bitscale Capital.

Starpower is a decentralized energy network that connects energy devices such as air conditioners, electric vehicle chargers, and batteries. It offers usage-based algorithms to improve energy efficiency, save on electricity costs, and reduce volatility in the energy system by coordinating the charging and discharging of devices.

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